File #: 18-1090 CRA    Version: 1 Name:
Type: CRA Board Action Status: Agenda Ready
File created: 6/1/2022 In control: Community Redevelopment Agency
On agenda: 6/8/2022 Final action:
Title: PUBLIC NOTICE OF DISPOSITION OF CRA OWNED PROPERTY - 260 NW 9TH AVENUE
Attachments: 1. Agenda Cover Report, 2. Exhibit A - Location Map - 260 NW 9th Ave., 3. Exhibit B - Letter of Intent - DBCLT
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TO: CRA Board of Commissioners
FROM: Kim N. Phan, Legal Advisor
THROUGH: Renée A. Jadusingh, Executive Director
DATE: June 8, 2022

Title
PUBLIC NOTICE OF DISPOSITION OF CRA OWNED PROPERTY - 260 NW 9TH AVENUE

Body
Recommended Action:
Recommendation
Authorize the posting of a notice of intent to dispose of CRA-owned property located at 260 NW 9th Avenue pursuant to Section 163.380, Florida Statutes.

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Background:
On February 12, 2012, the CRA issued a Request for Proposal (“2012 RFP”) to dispose of twelve (12) single family CRA-owned residential properties located in the Northwest/Southwest neighborhoods for the purpose of constructing affordable for-sale single family homes. A total of two (2) responses were received; one from Habitat for Humanity of South Palm Beach County and the other from the DBCLT. On April 12, 2012, the CRA Board awarded the sale of the six (6) of the properties to Habitat for Humanity of South Palm Beach County, and six (6) to the DBCLT.

The property located at 260 NW 9th Avenue., was conveyed to the DBCLT as part of the 2012 RFP. On June 26, 2014, the CRA Board approved a First Amendment to the Repurchase Agreement for a twenty-four (24) month extension to the development timeframe. The lot is a 40’ wide corner lot and was more challenging for the DBCLT to obtain a buyer given the location and setback requirements for the substandard corner lot.

On March 31, 2016, the DBCLT submitted a request to the CRA to exchange the DBCLT properties located at 260 NW 9th Avenue and 110 SW 12th Avenue for the CRA’s properties located at 126 SW 14th Avenue and 132 SW 14th Avenue to expand the Atlantic Park Square Project from 22 to 24 affordable single family homes. The 260 NW 9th Avenue property was repurchased by the CRA pursuant the terms of the Repurchase Agreement between the CRA and CLT dated May 10, 2012, as amended in 2014, which stated that the CRA had the right to repurchase the property if not developed by July...

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